Taryn Francyne

Cola 2024 Update Today. That won’t be the case in 2024. The pace of repurchases went down.

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi).